Is 2024 RWD pricing already in the sweet spot?

[Silver Lark]

A potential 2024 MY RWD buyer here and has been monitoring its inventory prices. Looks like they have stopped dropping and stay at $40,840 for (the US) big cities.

Are people actually buying at this price? Have to buy a car around Feb/March so would like to see how we should plan this out.

If you are a 2024 MY RWD owner, please share the battery and range experience! Would like to learn more on these as well, thank you!

 

[Taney71]

I assume only Tesla knows at what price point people are buying. Based on the inventory in my area (looking at long range), there doesn't appear to be many buyers as the same cars continue to appear for me. I'm waiting until March to see how things turn out...however, I don't need a new car so this is more like a process of "let's see if Tesla goes back to a 10% reduction" and/or tosses out other incentives for me to buy.

 

[Silver Lark]

I assume only Tesla knows at what price point people are buying. Based on the inventory in my area (looking at long range), there doesn't appear to be many buyers as the same cars continue to appear for me. I'm waiting until March to see how things turn out...however, I don't need a new car so this is more like a process of "let's see if Tesla goes back to a 10% reduction" and/or tosses out other incentives for me to buy.

Yeah what I believe is that Tesla is waiting to see if customers take the bait for the "February price cuts" (cuts on the original price only), and I just cannot see that goes far with most people buy inventory cars with discounts on the original price. I know at the end of last year, they dropped the 23 RWD prices to below $40k so we will see if the same happen within Q1.

 

[mborkow]

The target should be at least 13% discount (that is the final discount on RWD 23s…so far)

 

[ucmndd]

and I just cannot see that goes far with most people buy inventory cars with discounts on the original price.

I think the great majority of people DON’T buy inventory cars. Tesla makes the inventory listing deliberately hard to find most of the time. I wager most people have no idea it exists.

 

[mborkow]

I think the great majority of people DON’T buy inventory cars. Tesla makes the inventory listing deliberately hard to find most of the time. I wager most people have no idea it exists.

I suspect more ppl buy than know!

 

[Silver Lark]

The target should be at least 13% discount (that is the final discount on RWD 23s…so far)

Wow 13% would be low $38k, did not see that before. Hopefully Tesla would drop to below 40k by Q1 and I would gladly take it.

 

[Silver Lark]

I think the great majority of people DON’T buy inventory cars. Tesla makes the inventory listing deliberately hard to find most of the time. I wager most people have no idea it exists.

I know many people monitor the inventory page (mine as a newbie included) and great deals would be gone in minutes. That's why I missed the end of Jan deals!

 

[E90alex]

Discounts often will be greater at end of quarter. Maybe not as much inventory this quarter because they are still ramping up 2024 production so they might not have a ton of extra stock. Not many, if any, 2024 models have been delivered to customers yet I think.

 

[ucmndd]

I know many people monitor the inventory page (mine as a newbie included) and great deals would be gone in minutes. That's why I missed the end of Jan deals!

Don’t confuse the people you see and interact with on this forum with “normal” people out there buying these cars.

 

[bzobzo]

For the 2023 MY RWDs, I don't think I ever saw it below $40k while it was eligible for the rebate. In 2024, I did see some go down to $38k, but without the $7500 rebate, that is a much worse deal. So once the 2024 hits $40k, I would say that matches the best pricing of 2023. If I were shopping, I'd wait about 3 or 4 weeks for the best pricing as Tesla has been very aggressive quarter end recently.

 

[mborkow]

In 2024, I did see some go down to $38k, but without the $7500 rebate, that is a much worse deal.

Not if you aren’t eligible for the rebate. I was waiting for $37.9…but pulled the trigger a couple days after the price hit $38.2 (I was tracking prices daily).

 

[Silver Lark]

For the 2023 MY RWDs, I don't think I ever saw it below $40k while it was eligible for the rebate. In 2024, I did see some go down to $38k, but without the $7500 rebate, that is a much worse deal. So once the 2024 hits $40k, I would say that matches the best pricing of 2023. If I were shopping, I'd wait about 3 or 4 weeks for the best pricing as Tesla has been very aggressive quarter end recently.

Yes I only considered pricing for those qualify for the rebate, and at the end of 2023, I saw 23 MY RWD (with rebate) hit $39590. This would be the target I would like to see trending toward the end of Q1, especially with the mystery battery and worse audio.

 

[Taney71]

Discounts often will be greater at end of quarter. Maybe not as much inventory this quarter because they are still ramping up 2024 production so they might not have a ton of extra stock. Not many, if any, 2024 models have been delivered to customers yet I think.

I assume the inventory stock depends on the area you live. But, yeah, the 2nd and 3rd quarters will likely have even better deals than what we are seeing based on history. And I suspect the Juniper will start being rolled out in the US in late 2024.

 

[martinezj84]

I was lucky enough to get into an '24 RWD at $33k after rebates in CA. Tesla also gave me $1k more on my trade in and also 5k supercharger miles.

 

[mborkow]

I think prices can still come down. 23s were sold at their lowest for 36.9 (no tax rebate) so I think that’s the current floor

 

[martinezj84]

You're probably right, but prices were raised today. Cheapest MY RWD I can find near me is $37.5 after rebate. We probably won't see another drop in pricing until the end of Q2.

 

[ucmndd]

You're probably right, but prices were raised today. Cheapest MY RWD I can find near me is $37.5 after rebate. We probably won't see another drop in pricing until the end of Q2.

They have to raise prices to be able to drop them again… Tesla mind games FTW

 

[mborkow]

They have to raise prices to be able to drop them again… Tesla mind games FTW

It’s the equivalent of setting the hook in fishing, I like to think.

 

[sgMT]

They’ve just done a drop from 44990 to 42990. They’ve also adjusted the cash savings amount from 3600 over 3 years to 6000 over 5 years. Giving them a catchy figure under 30k when the federal rebate is included.